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was only 5. my people were revolutionary refugees. they had to be fed by the united states government and housed by the united states government. i know what poverty is. i've been up through it. >> jennifer: george romney, a republican through and through who was not, like his son trapped in the bubble of wealth and privilege and who freely admits his family was helped by the u.s. government's social programs in their time of need. now many modern-day republicans are running away from romney's statement today. people like connecticut republican senate candidate linda mcmahon who said today "i disagree with governor romney's insinuation that 47% of americans believe they're victims who must depend on the government for their care." mcmahon may not want to suffer the political backlash. but she like many other republicans and fox news commentators, she has used the 47% line before. here she is earlier in this very campaign. >> i would like to see everyone pay their fair share. 47% of the people today don't pay
next, few people know more about the inner workings of the united states supreme court than jeffrey toobin. he will join us next to talk about the battle over obama care voter i.d. laws and much more. that's next. you don't want to miss it. health matters to all of us. that's why lysol has started a mission for health. with new mom programs, lysol healthy habits initiatives in schools and disaster relief efforts. when you use lysol at home, you'll know you're a part of something bigger. for healthy tips and more, visit lysol.com/missionforhealth. [ nervous ] i hope no one recognizes us... you...you think these disguises will... no. [ male announcer ] salty. sweet. >> freedom is under assault here. i mean they're taking away american's freedom on one of the most important decisions that americans make. >> pragmatic effect is the decision is there will be a black cloud over any prospect of economic recovery in the united states. >> jennifer: whatever. based on their level of vitriol you would think that rick perry and michele
: quickly moody's is warning that the united states is soon going to face a credit downgrade if they don't deal with this. what would that do to our retirement accounts and mutual funds and stocks if that hand? >> i'm not part of the rating agency. i sold my company to moody's so i have no insider information about the downgrade, but i read carefully what they say and pay close attention to it. and they are pretty clear if we get into next year and can't get a deal and do those things i discussed, they will probably down grade the debt. that won't cataclysmic, but it will hurt. they will download all of the debts. so we will see investment managers having to sell that debt, because they have contractors with investors saying that can't own debt at ratings that are lower than agreed. and that hurts everybody, 401k pension, because we all own stocks and bonds. so this is not a good thing. >> jennifer: all right. mark i really appreciate it. mark zandi, chief economist at moody's analytics. and up next, win the presidency, take back the house, keep the senate? we'll s
Search Results 0 to 3 of about 4 (some duplicates have been removed)